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Dec 22, 2012
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the christmas holiday there, you see president getting off the plane, but before he left, president obama urged republicans and democrats alike to get it done. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> congress is also in recess until after christmas. in his weekly address, house speaker john boehner accused the president and senate democrats of failing to offer a responsible solution. boehner's own proposal had to be pulled this week after he failed to get enough support from fellow republicans. >>> and the national rifle association promised meaningful contributions to avoid another tragedy like the one in newtown, connecticut. friday, the gun rights group unveiled that plan. nra executive vice president wayne lapierre says the u.s. should put armed guards in all schools. the comments came one week after
the christmas holiday there, you see president getting off the plane, but before he left, president obama urged republicans and democrats alike to get it done. >> in the next few days, i've asked leaders of congress to work toward a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days....
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Dec 22, 2012
12/12
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. >> if obama has more appointments and if the conservatives don't have the power that they do now, that could be contained. it could be applied only to handguns. but if president romney had had the opportunity or president paul ryan in a few years gets the opportunity to appoint justices to the supreme court, that could be expanded. the limits of the second amendment are not clear at this point. the supreme court has not really spoken on it. that's one of the reasons why it's so important, who appoints whom to the supreme court. >> at what point is gun violence in america a public health threat, right? you talk about the freedom, the freedoms we have in this country where the public health risk, 30 some thousand people killed every year. cdc says it's $38 billion, the cost of society of gun violence. >> what's so astonishing about the debate of gun violence, it's different from the '90s when i first started covering this issue. you have people arguing very seriously now that the way to stop or limit gun violence is to have more guns. give guns to teachers. give guns to security guards.
. >> if obama has more appointments and if the conservatives don't have the power that they do now, that could be contained. it could be applied only to handguns. but if president romney had had the opportunity or president paul ryan in a few years gets the opportunity to appoint justices to the supreme court, that could be expanded. the limits of the second amendment are not clear at this point. the supreme court has not really spoken on it. that's one of the reasons why it's so...
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Dec 30, 2012
12/12
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perhaps proof of how dire the circumstances are, president obama took to the sunday show, potentially setting when we careen off the cliff, and in congress. less than 48 hours from falling off the cliff, president obama is putting the blame on republicans. >> the offers i have made them are so fair that a lot of democrats get mad at me. >> on his first sunday show appearance since 2009, the president said just a day ago that he was optimistic that a short-term deal could be reached. now, not so much. >> what we're seeing here is a monumental failure of presidential leadership. >> the better back-and-forth continues to be over how to cut spending and what the income threshold to be for who gets a tax hike. >> what i am arguing for is maintaining tax cuts for 90% of americans. i did not think anybody would consider that and liberal, left- wing agenda. >> republicans say their agenda, not stifling an already fragile economy with tax hikes on those who are behind small business. >> the higher you set that level, the less small business you will get. >> what had been high hopes had turned
perhaps proof of how dire the circumstances are, president obama took to the sunday show, potentially setting when we careen off the cliff, and in congress. less than 48 hours from falling off the cliff, president obama is putting the blame on republicans. >> the offers i have made them are so fair that a lot of democrats get mad at me. >> on his first sunday show appearance since 2009, the president said just a day ago that he was optimistic that a short-term deal could be reached....
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Dec 22, 2012
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president obama officially nominated kerry to be the next secretary of state. he's currently the chairman of the senate foreign relations committee. secretary of state hillary clinton has said she wanted to leave the job after president obama's first term. >>> three people have been arrested in connection with a deadly house explosion in indianapolis. blast in early november killed two people. police arrested the victim's neighbors who lived in the blown up home and one other person there charged with murder and arson. >>> the lack of a fiscal cliff deal led the stock market to take a big hit on friday. you see it there, the dow was down nearly 121 points for the day. but in the end, all three key indices actually ended up slightly for the week. >>> now, there are just ten days left to salvage a deal on the fiscal cliff where you, i, and everyone else will be paying much higher taxes. president obama is challenging congress to get it done. >> in ten days we face a deadline. in ten days under current law, tax rates are scheduled to rise on most americans. and ev
president obama officially nominated kerry to be the next secretary of state. he's currently the chairman of the senate foreign relations committee. secretary of state hillary clinton has said she wanted to leave the job after president obama's first term. >>> three people have been arrested in connection with a deadly house explosion in indianapolis. blast in early november killed two people. police arrested the victim's neighbors who lived in the blown up home and one other person...
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Dec 23, 2012
12/12
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. >> you pleased that president obama was re-elected? >> yes. very much so. >> why? >> i think he's a good man. i think he cares about people. as a health activist, i think he is trying very hard to help people get good access to care. >> your father said there are two kinds of people in the world, givers and takers. the takers may eat better, the givers will sleep better. >> yes, do you think that's true? >> do you sleep well? >> i do. how about you? >> probably not as well as you. i don't raise $800 million a year. it's extraordinary. the statistics, 7,800 children are treated there free of charge every year. between thanksgiving and new year, i think, since 2004, you've raised $312 million just in that period. >> yes, yes. >> which is amazing. it shows me also that america, for all of the faults that it has right now, and they get well talked about, it's a very giving, big hearted country. >> absolutely. and also a lot of people know about st. jude firsthand. it's amazing. no place i go to speak is there someone that doesn't stand up and say my cousin went there,
. >> you pleased that president obama was re-elected? >> yes. very much so. >> why? >> i think he's a good man. i think he cares about people. as a health activist, i think he is trying very hard to help people get good access to care. >> your father said there are two kinds of people in the world, givers and takers. the takers may eat better, the givers will sleep better. >> yes, do you think that's true? >> do you sleep well? >> i do. how about...
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Dec 27, 2012
12/12
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president obama arrives back in d.c. today. the senate due in session today, but house leaders aren't saying whether they're going to call the chamber into session, because there's some back and forth going on and everything still can't agree. >> as always. >>> coming up, why good credit may be considered sexy, guys. >> but first, the cattle in the middle of the lost and found story that's lasted seven years and now it's finally over. that story coming up next. >>> now that you're up, you're going to have that song roll through your head the roast of the morning. welcome back. usually we report a owner's reunion of a pet, maybe the animal has been lost days or weeks. >> that's what makes this story so unusual. it's a reunion after seven years. >> i just want my little princess back. >> reporter: seven years ago, tricia's little sophia went missing. >> i cried for a week straight. after we found out that she went missing. >> reporter: this past weekend, sophia was found in san diego, about 400 miles away from her home here in ph
president obama arrives back in d.c. today. the senate due in session today, but house leaders aren't saying whether they're going to call the chamber into session, because there's some back and forth going on and everything still can't agree. >> as always. >>> coming up, why good credit may be considered sexy, guys. >> but first, the cattle in the middle of the lost and found story that's lasted seven years and now it's finally over. that story coming up next. >>>...
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Dec 22, 2012
12/12
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republicans say president obama wants too much revenue. that's taxes in normal speak. and not enough cuts. >> at some point we have to address the spending problem we have. we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle the fundamental reform of our tax code will help us get your economy moving faster and put more americans back to work. how we get there god only knows. >> president obama doesn't see it that way. >> at some point there's got to be i think a recognition on the part of my republican friends th that, you know, take the deal. they will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deficit reduction package. >> the ceo of pimco, one of the world's largest investors in bonds. mark standee is chief investor at moody's. and christine romans, host of "your bottom line." gdp, the broadest measure of the economy grew at an annual rate of 3.1% over the summer. we just got those numbers this week. that's more than double the rate of pr
republicans say president obama wants too much revenue. that's taxes in normal speak. and not enough cuts. >> at some point we have to address the spending problem we have. we can't cut our way to prosperity. we need real economic growth. many of us believe on both sides of the aisle the fundamental reform of our tax code will help us get your economy moving faster and put more americans back to work. how we get there god only knows. >> president obama doesn't see it that way....
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Dec 22, 2012
12/12
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lawmakers and president obama have left washington for christmas, and with no consensus on the momentous tax hikes and spending cuts set to go into effect january 1st. cnn's brianna keilar is live in hawaii where the president is vacationing. br breanna, is the president overly optimistic a last-minute deal can be reached? >> reporter: i don't know, miguel, if you could say overly optimistic. we heard him last night in the briefing room of the white house saying he's a hopeless optimist that something can still be done. but the fact is it's going to be something smaller. he's now pushing for tax cuts to be preserved for americans making $250,000 or less and pushing for unemployment benefits to be extended for a couple million americans. listen to some of what he said but also still some of the house republican opposition to this short-term plan he's pushing. >> in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle-class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on
lawmakers and president obama have left washington for christmas, and with no consensus on the momentous tax hikes and spending cuts set to go into effect january 1st. cnn's brianna keilar is live in hawaii where the president is vacationing. br breanna, is the president overly optimistic a last-minute deal can be reached? >> reporter: i don't know, miguel, if you could say overly optimistic. we heard him last night in the briefing room of the white house saying he's a hopeless optimist...
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Dec 27, 2012
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a shakeup in president obama's cabinet. lisa jackson for the environmental protection agency will step down from her post after the president's state of the union speech. she began in 1987 as a scientist. >>> talk back question for you today. will america ever come together on guns? your responses, next. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. starts with arthritis pai
a shakeup in president obama's cabinet. lisa jackson for the environmental protection agency will step down from her post after the president's state of the union speech. she began in 1987 as a scientist. >>> talk back question for you today. will america ever come together on guns? your responses, next. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal --...
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Dec 23, 2012
12/12
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>> i really feel like obama was going to win. he didn't really need one more vote. >> you grew up around guns. what do you make of the gun debate in america? >> well, you know, i hunted all my life and, you know, when i was young, i had a b.b. gun. i had a shotgun and rifles and all those things. and i went deer hunting and bear hunting. and i have no problems at all with that. but, you know, i don't know what i would do with a gun that would shoot 100 times. >> i find it staggers that you can just walk into stores in america and buy high-powered assault weapons and on the internet get 6,000, 7,000 rounds of ammunition and blow up a movie theatre if you want to. >> i don't agree with that. i think it should be more regulated. i think loaded gun, there's no need for civilians to own those. those are for military. >> take another break, willie. let's talk about music and also all the girls you've loved before. >> good. >> which could take some time, don't you think? even half the stories i've heard are true. >> how much time we got
>> i really feel like obama was going to win. he didn't really need one more vote. >> you grew up around guns. what do you make of the gun debate in america? >> well, you know, i hunted all my life and, you know, when i was young, i had a b.b. gun. i had a shotgun and rifles and all those things. and i went deer hunting and bear hunting. and i have no problems at all with that. but, you know, i don't know what i would do with a gun that would shoot 100 times. >> i find...
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Dec 22, 2012
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especially when it comes to the right to bear arms in the united states, and what president obama called the nation's epidemic of gun violence. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. we begin our special edition of "the situation room" by focusing in on the search for answers. why? why would a 20-year-old man kill his mother, then gun down 20 children and six adults at the sandy hook elementary school before taking his own life? why? police are not the only ones pouring over the evidence, exploring answers. medical investigators are all over this case as well. let's go to our chief medical correspondent dr. sanjay gupta. he is joining us now. now, sanjay, you have been taking a very close look, potentially at the mind of a killer. >> yeah, and that question, why, wolf that you ask, it is hard to say for sure whether there is ever going to be a satisfactory answer to that. but there are several things that medical experts and investigators are going to look at, including specific patterns. we looked at ten of the most widely studied cas
especially when it comes to the right to bear arms in the united states, and what president obama called the nation's epidemic of gun violence. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer. we begin our special edition of "the situation room" by focusing in on the search for answers. why? why would a 20-year-old man kill his mother, then gun down 20 children and six adults at the sandy hook elementary school before taking his own life?...
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Dec 22, 2012
12/12
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in the news, president obama arrived in hawaii for his holiday vacation, but with no deal to keep the economy from going over the fiscal cliff. before leaving, the president pushed congress to approve a stripped-down measure to prevent taxes from rising for all but the wealthiest americans. >>> and a former marine held in mexico for months is back home. jon hammar was arrested trying to cross into mexico with a shotgun that belonged to his great grandfather. >>> and twinkies and other hostess snacks could be back on the store shelves soon. the company says it's close to selling its brand. and expects to have different buyers for the snack cakes and bread brands. >>> finally, a major milestone for the biggest viral video ever. psy's "gangnam style" has become the first video to reach, check this out, 1 billion views on youtube. in second place, i'm told, was a video by our friend, justin bieber. >> does the mayan end of the world prophecy didn't come true. but there are some signs. >> and by the way, my step kids corrected me. it's "gangnam style." >> what did i say? >> it's "gangnam s
in the news, president obama arrived in hawaii for his holiday vacation, but with no deal to keep the economy from going over the fiscal cliff. before leaving, the president pushed congress to approve a stripped-down measure to prevent taxes from rising for all but the wealthiest americans. >>> and a former marine held in mexico for months is back home. jon hammar was arrested trying to cross into mexico with a shotgun that belonged to his great grandfather. >>> and twinkies...
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Dec 27, 2012
12/12
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. >> he was aboard air force one with president obama who has been vacationing in hawaii. he is expected to be sworn in lart today. >> it is the next step in the long healing process for the people of newtown connecticut. the town moving forward with plans for a permanent memorial honoring the 26 victims of the sandy hook massacre. all of the flowers letters photos and teddy bears will be turned into soil and blocks to be used atz the foundation of a future memorial. dozens of people singing mazing grace as they remembered the two firefighters murdered in western new york. ♪ i once was lost but now am found ♪ >> that community coming together to honor fallen heros. the two men were shot and killed during an ex-con's christmas eve ambush. for the first time we are also hearing from those who survived the attack some firefighters. a joint statement offered the pair's gratitude for all of the prayers they have gotten. doctors have upgraded both of their conditions to satisfactory. >> oo to maine where a dive team from the police department will use sonar to search for two
. >> he was aboard air force one with president obama who has been vacationing in hawaii. he is expected to be sworn in lart today. >> it is the next step in the long healing process for the people of newtown connecticut. the town moving forward with plans for a permanent memorial honoring the 26 victims of the sandy hook massacre. all of the flowers letters photos and teddy bears will be turned into soil and blocks to be used atz the foundation of a future memorial. dozens of...
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Dec 30, 2012
12/12
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you can say whatever you want to criticize president obama. he is not a man who gets emotional easily in public. and i do think that this is something that has hit him deeply, probably out of guilt, because he didn't do much about it or anything about it in his first term. will he make it a political requirety, will he be able to pursue it aggressively given the obstacles in his way, we'll see. >> but the one thing -- >> when we covered -- when the white house would come up with a bill and say here, capitol hill, we would like you to pass this. >> the one thing has always been clear on the gun control debate is that time is not the friend of gun control advocates. unlike everybody else, the nra has a is ingu lar focus and a -- singular focus and long memory and you cannot say that about the public at large. >> the task of getting them specific legislative resolutions by the state of the union, you can expect he will come out with specifics, i bet they will have a bill by february. is momentum gone by then. >> there will never be more votes for
you can say whatever you want to criticize president obama. he is not a man who gets emotional easily in public. and i do think that this is something that has hit him deeply, probably out of guilt, because he didn't do much about it or anything about it in his first term. will he make it a political requirety, will he be able to pursue it aggressively given the obstacles in his way, we'll see. >> but the one thing -- >> when we covered -- when the white house would come up with a...
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Dec 27, 2012
12/12
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president obama has cut short his vacation to help reduce the national debt. budget cuts and tax rises will start on january 1. the white house has called on republicans not to block a resolution in congress. severe weather has caused hundreds of holiday flight delays with its sweeping storm system moving east after tornadoes struck for states on christmas day. at least six people have died. >> dallas, texas, where snow is a rarity came as a christmas surprise. it turned white and the motorists struggled with slippery roads. 21 cars and fractured trailers, and eastern ohio, kentucky, and indiana. along with wind gusts of 50 kilometers an hour. the unusual winter phenomenon hit for seven states, 34 tornadoes. this one touchdown in mobile, alabama. it overturned cars and blew out windows. >> it is like this crazy wind, just the whole building is shaking. >> a caused no fatalities, but a thunderstorm fell this tree, killing a driver of this truck. and if no border was buried by an avalanche. the storm system shifts to the eastern seaboard. >> writing levels of th
president obama has cut short his vacation to help reduce the national debt. budget cuts and tax rises will start on january 1. the white house has called on republicans not to block a resolution in congress. severe weather has caused hundreds of holiday flight delays with its sweeping storm system moving east after tornadoes struck for states on christmas day. at least six people have died. >> dallas, texas, where snow is a rarity came as a christmas surprise. it turned white and the...
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Dec 30, 2012
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the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed four people in russia. what happened to another airplane from the same airline just days ago. >> why an attorney for a new town massacre survivor says the state of connecticut is to blame. if >> how of >> we're learning more tonight about the crash of a russian airplane in moscow. four people were killed after the red wing airplane broke into pieces and caught fire while landing. four people were hurt. your plane rolled off the runway into a snowy field. another red wing airplane went off the runway in siberia on december 20. the official said that crash happened because the airplanes engines failed to go into
the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed...
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Dec 27, 2012
12/12
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president obama, he cut his christmas vacation short to deal with this crisis. he arrived back from hawaii just a short time ago, and the senate also returning to work today hoping to come up with some kind of agreement. but time is running out. jessica yellin, she has the latest from the white house. we've got dana bash following the developments on capitol hill. i want to start off with you, dana. what do we know about a possible compromise on the senate siepd what they might be proposed in fairly short order? >> compromise, i'm not so sure we'll see that. but i was told by a republican senator and democratic senator that the pr indicated before he left for hawaii that he, the president, is expected to send a piece of legislation up today with his scaled back tax plan. that's something that the president outlined in general terms on the friday before he left for hawaii and since then what we've been hearing from republicans, particularly mitch mcconnell's office is we can't talk about whether we can pass anything until we actually see the legislation. so our u
president obama, he cut his christmas vacation short to deal with this crisis. he arrived back from hawaii just a short time ago, and the senate also returning to work today hoping to come up with some kind of agreement. but time is running out. jessica yellin, she has the latest from the white house. we've got dana bash following the developments on capitol hill. i want to start off with you, dana. what do we know about a possible compromise on the senate siepd what they might be proposed in...
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Dec 23, 2012
12/12
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president obama and family are in his native hawaii. he is planning to return to washington after christmas. >>> a weekend of violence. explosions and death in syria. at least five people killed in damascus today when a powerful car bomb blew up in this residential neighborhood. it tore through apartment buildings and filled the streets with debris. more than 140 people reportedly died in attacks across syria, most in damascus and its suburbs. >>> india, riot police blasted protesters with high-pressure water hoses trying to break up massive angry rallys against the government. people are furious after a woman reportedly gang raped and beaten on a moving city bus last weekend. protesters demanding changes to india's laws regarding rape saying women are not safe in new delhi and other cities in india. >>> a former marine spent more than four months at a mexican prison is free and heading home to florida. john hammer locked up in august on weapons charges. his family says he was physically abused in custody. threatened. chained to a bed,
president obama and family are in his native hawaii. he is planning to return to washington after christmas. >>> a weekend of violence. explosions and death in syria. at least five people killed in damascus today when a powerful car bomb blew up in this residential neighborhood. it tore through apartment buildings and filled the streets with debris. more than 140 people reportedly died in attacks across syria, most in damascus and its suburbs. >>> india, riot police blasted...
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Dec 22, 2012
12/12
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president obama, tom ridge talked about our mental health care system failing us. and that's the problem. it's not the mentally ill people who are dangerous. it's the system that's leaving them to fall through the cracks, not get into treatment, not evaluate and build relationships with them so we can keep them -- >> let me ask you one thing. you were very spirited defending an american's right to own weapons. i can't understand. you're a smart guy, i watch you most mornings talking about all sorts of stuff. why does any american need an ar-15? it's a military rifle? >> i don't think that the conversation, when it comes to me, is about the burden upon me to say why i might need the weapon. what i need you to do is how you have made the country safer by proposing to ban that weapon. i understand the sense that we have at moments like this that we must do something. we have to solve this problem. but what i would suggest is make sure you're actually going to accomplish that. here is what i would suggest to you. your personal crusade, piers, to ban assault rifles, i'm
president obama, tom ridge talked about our mental health care system failing us. and that's the problem. it's not the mentally ill people who are dangerous. it's the system that's leaving them to fall through the cracks, not get into treatment, not evaluate and build relationships with them so we can keep them -- >> let me ask you one thing. you were very spirited defending an american's right to own weapons. i can't understand. you're a smart guy, i watch you most mornings talking about...
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Dec 26, 2012
12/12
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president obama is on vacation in hawaii, and that's where we find nancy cordes tonight. nancy, what can you tell us? >> well, jim, still no conversations today between owmocrats and republicans on how to avert the fiscal cliff, which is a sure sign that the senate majority leader, harry reid, a democrat, is working on crafting legislation on his own that he would essentially dare house and senate republicans to oppose. his legislation would likely extend the bush-era tax cuts for households making less than 250,000 a year. it might also include enough short-term spending cuts to temporarily offset for, say, six or eight months, the indiscriminate across-the-board spending cuts that are set to go into effect on january 1. yis bill would also try to tie up some year-end loose ends by extending long-term unemployment benefits, patching the alternative minimum tax that duds up hitting so many middle class families, and preventing a mbg scheduled drop-off in thdicare reimbursement rates for doctors at the start of the enar. eyre in hawaii, the president has had a low-key chri
president obama is on vacation in hawaii, and that's where we find nancy cordes tonight. nancy, what can you tell us? >> well, jim, still no conversations today between owmocrats and republicans on how to avert the fiscal cliff, which is a sure sign that the senate majority leader, harry reid, a democrat, is working on crafting legislation on his own that he would essentially dare house and senate republicans to oppose. his legislation would likely extend the bush-era tax cuts for...
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Dec 27, 2012
12/12
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as of wednesday, 253,000 people signed an online petition on the white house website asking the obama administration to recognize the westboro baptist church as a heat group. the signatures makes it the most supported single petition ever on the white house site. the church is primarily made up of members from one family. >>> parking is about to get a lot more expensive in one u.s. city. >> yeah, you're going to find out where it's going to cost you much more to cost for just one hour of parking in 2013. >> all right also ahead this morning, we have heard it before. be careful what you post online because it could come back to haunt you. and now one local college wants to make sure that their students have tasteful online profiles. we're going to tell you what they're doing to help their graduates get ready. >> and good morning, aisle mike masco. this is the abc2 app and again you can get this on the itunes store and the google play store. we have storm shield also and our interactive radar on this is showing a snowstorm possibly by the weekend. we'll talk about that coming up after t
as of wednesday, 253,000 people signed an online petition on the white house website asking the obama administration to recognize the westboro baptist church as a heat group. the signatures makes it the most supported single petition ever on the white house site. the church is primarily made up of members from one family. >>> parking is about to get a lot more expensive in one u.s. city. >> yeah, you're going to find out where it's going to cost you much more to cost for just one...
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Dec 27, 2012
12/12
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. >>> president obama will spend the night aboard airforce 1 making a red-eye trip from hawaii to washington. when he arrives on thursday, it's right back to budget negotiations with the fiscal cliff deadline less than a week away. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capital. the only people who can avert the fiscal cliff, members of the house and senate, have not returned. and in just six days, a 2% payroll tax is set to expire, along with the bush-era tax cuts, shrinking the average worker's paycheck in 2013 by about $1,500. long-term unemployment benefits for about 2 million jobless americans are also set to expire, and $110 billion worth of spending cuts to domestic and defense programs will kick in, forcing layoffs in the public and private sector. if congress doesn't act, all the cuts and new taxes will squish the economy back into a mild recession by mid-2013. the impact of some of these new cuts and taxes wouldn't be felt immediately on january 1st because the irs and other agencies didn't expect it to come to this. i
. >>> president obama will spend the night aboard airforce 1 making a red-eye trip from hawaii to washington. when he arrives on thursday, it's right back to budget negotiations with the fiscal cliff deadline less than a week away. >> reporter: as the president wrapped up his vacation, federal workers trickled back into the nation's capital. the only people who can avert the fiscal cliff, members of the house and senate, have not returned. and in just six days, a 2% payroll tax...
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Dec 23, 2012
12/12
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CNNW
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i don't think we blame the gun sales on obama. i don't think we blame it on the nra. i think we blame it on a human reaction. i think what we need to see -- >> but, anna -- >> is a comprehensive approach -- >> hang on. we don't blame it on that, but i think these gun people are being very candid when they say that. they wouldn't say it if it wasn't true. there was a gun show here in georgia this weekend. people were lined up around the corner to buy guns after 20 kids -- i mean, what is that? >> the -- it's the unfortunate repetition of the same pattern over and over again. a terrible shooting that traumatizes the nation where then citizens ask for action, ask for changes. that, in turn, leads citizens, gun owners, to think that they're going to lose some rights and go out there and buy more guns, and you know what the saddest part of that is? that at the end we end up with no action and no changes and it repeats itself all over again. >> more guns. >> more guns and more shootings. >> more shootings. >> elzi, i don't get it. to change gun laws -- first of all, anna is
i don't think we blame the gun sales on obama. i don't think we blame it on the nra. i think we blame it on a human reaction. i think what we need to see -- >> but, anna -- >> is a comprehensive approach -- >> hang on. we don't blame it on that, but i think these gun people are being very candid when they say that. they wouldn't say it if it wasn't true. there was a gun show here in georgia this weekend. people were lined up around the corner to buy guns after 20 kids -- i...
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Dec 28, 2012
12/12
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WMAR
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. >> reporter: president obama returned to washington for a last-minute push before leaving vacation in hawaii, he had separate phone conversations with congressional leaders. but it's not clear the talks helped. house republican leaders say they'll take action on whatever bill the senate can pass. but the senate must act first. brandi and muhammad? >> thank you. oh, to be a fly on the wall today in that meeting when it all happens. >> we've been talking all week about this going down to the deadline. i mean, we are right at that deadline. this is going to be a photo finish. >> and if the house ends up adjourning, it usually takes 48 hours to be called back. so the timing is really key here. whatever happens today could be the deciding factor. >> a lot of it comes down to who is going to blink first. >> if either side each does. >>> also making headlines today, retired general norman schwartzcopf has died from pneumonia. known as stormin' norman, schwartzcopf commanded the u.s. led international coalition that drove saddam hussein's forces out of kuwait in 19ed 1. president obama was
. >> reporter: president obama returned to washington for a last-minute push before leaving vacation in hawaii, he had separate phone conversations with congressional leaders. but it's not clear the talks helped. house republican leaders say they'll take action on whatever bill the senate can pass. but the senate must act first. brandi and muhammad? >> thank you. oh, to be a fly on the wall today in that meeting when it all happens. >> we've been talking all week about this...
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Dec 29, 2012
12/12
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WJLA
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president obama met with congressional leaders and bluntly spoke to the nation about what he says must happen before jury one. on capitol hill, what went on behind closed doors today? >> there is still a lot of work to be done by the folks who worked in the building behind me in order to avoid big tax increases, and also a big spending cuts. the countdown is on. three days, zero hours, 54 minutes. we are hearing words of optimism, but also concern. at a press conference, the president said ordinary americans can sort through disagreements. >> the notion that our elected leadership cannot do the same thing is mind-boggling to me. it needs to stop. >> if they come to a good deal, not just one that is forced -- >> of the white house christmas tree a short distance from where the president met with congress, both local residents and people from all over the country -- >> it would be nice if the king to a compromise. >> gave us their take. many worry about the tax increases that could kick in. and they are angry we are four days a out with no deal. >> it is ridiculous. this is a necessary.
president obama met with congressional leaders and bluntly spoke to the nation about what he says must happen before jury one. on capitol hill, what went on behind closed doors today? >> there is still a lot of work to be done by the folks who worked in the building behind me in order to avoid big tax increases, and also a big spending cuts. the countdown is on. three days, zero hours, 54 minutes. we are hearing words of optimism, but also concern. at a press conference, the president...
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Dec 23, 2012
12/12
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WJLA
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house speaker boehner is in and obama is in hawaii. >> i'm stuck here in washington americans from showing more money to uncle sam next year. the gauche nations between white house and house speaker speaker boehner fell apart. negotiations between the white house and house eager .peaker boehner fell apart the president said that he is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only be o official balls. there'll be a concert honoring .he lee terry families saturdaye held on before inauguration. out of egypt, how millions e voted on the disputed constitution. also, this cruise ship is isn't beingto italy m.rubbed from top to botto >> staring up controversy in virginia. breaking news out of egypt tonight. the constitution has received a majority of yes from more than 70%. the results were posted on the muslim's brotherhood website. was about 8ut million people. official results will not be announced for several days. taking a look at stories -- aning around the nation destroyed a home. used fo
house speaker boehner is in and obama is in hawaii. >> i'm stuck here in washington americans from showing more money to uncle sam next year. the gauche nations between white house and house speaker speaker boehner fell apart. negotiations between the white house and house eager .peaker boehner fell apart the president said that he is to working on a smaller deal avoid the fiscal cliff. >> the president is making changes when it comes to his inauguration. this time there will only...
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Dec 27, 2012
12/12
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first lady michelle obama has the highest approval rating at 73%. >>> 5:09. coming up, this school gets our approval rating. ♪ [ music ] they are pretty good there. how they're teaching students with special needs how to find power in music. >> plus, a big rockslide leaves a mess for caltrans workers in big sur. how long it's going to take to clean up all those rocks and much. more when we come back. caltrans is still removing e rocks and making road repai after >>> now i'm stuck on this side of the rockslide. i can't get home. and i can't get to work where i'm meant to be in the next couple of hours. >> caltrans is still removing large rocks and making road repairs after a slide on highway 1 just a few miles south of big sur. >> the slide happened on sunday and since then a section has been completely closed. that's forced people who live or work in the area to make lengthy detours. today one lane will open temporarily at 3 different times at 8 a.m., noon and 4:00 this afternoon. >> if you are going to get stuck, big sur is not a bad place to hang out. >>
first lady michelle obama has the highest approval rating at 73%. >>> 5:09. coming up, this school gets our approval rating. ♪ [ music ] they are pretty good there. how they're teaching students with special needs how to find power in music. >> plus, a big rockslide leaves a mess for caltrans workers in big sur. how long it's going to take to clean up all those rocks and much. more when we come back. caltrans is still removing e rocks and making road repai after >>>...
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Dec 28, 2012
12/12
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CNNW
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that's exactly what president obama has proposed. he's proposed a plan that would extend all the middle class tax cuts and provide extended unemployment benefits for people who are out of work through no fault of their own who are still looking for a job. that's exactly the proposal the president has put forward. that's exactly the proposal that we have asked to have a vote on in the house of representatives. we haven't asked speaker boehner to support the bill. we have just asked them to have a vote on exactly the kind of proposal that you and that caller were talking about. >> we are now four days out. we'll see what happens. congressman, thank you very much. >> thank you. >>> we're back after another break. >>> you know her from tv and movie, but you may not know what she's dedicated her life to, giving back. here's big stars, big giving and eva longoria. >> i'm being pulled in a million different directions. sex trafficking in thailand or dolphins in japan. you can't do everything. so i'm thinking what do i really want to do. whe
that's exactly what president obama has proposed. he's proposed a plan that would extend all the middle class tax cuts and provide extended unemployment benefits for people who are out of work through no fault of their own who are still looking for a job. that's exactly the proposal the president has put forward. that's exactly the proposal that we have asked to have a vote on in the house of representatives. we haven't asked speaker boehner to support the bill. we have just asked them to have...
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Dec 29, 2012
12/12
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why should we look at cuba stocks. >> i think president obama want. interestingly the emploentf senator kerry who favors the embargo is significant. cuba wants it limi lifted and we positioned the por port feel p o the lifting. >> susie: why do you like seaboard. >> seaboard is $25a share whenws 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company and why it's good for american investors? >> another example of what weha. companies that have been doing well now even if there is no change in cuba. i think the country of cuban has to be air conditioned. they are going to get a tremendous amount of business when the embargo is lifted. >> susie: what target t do you see on this stock price? >> i don't have a target butit'a long term in our por portfolio. >> carnival cruise line. >> carnival and royal caribbeanf new business. not only people traveling to cuba but people com combining vacations with a trip to cuba. it's a win win for the
why should we look at cuba stocks. >> i think president obama want. interestingly the emploentf senator kerry who favors the embargo is significant. cuba wants it limi lifted and we positioned the por port feel p o the lifting. >> susie: why do you like seaboard. >> seaboard is $25a share whenws 2500 go a share has ships off the caribbean. they will get a enormous boost in business after trades resume with cuba. >> susie: your next one wso. tell us about this company and...
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Dec 27, 2012
12/12
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KQED
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we think -- we know obama said the west would not forgive the use of chemical weapons. he says there are a red line. i think this is something the regime would not like to have on their hands. >> what will they do with the information this memo provides him with? -- this man provides them with? >> this regime has been very brutal and has committed some atrocities against civilians and house also used -- has also used weapons of mass destructions. you talk about chemical weapons. perhaps some thing more. i hope this will confirm that the regime is preparing such weapons. >> we have had those reports of chemical-type weapons over the past weeks. there was a report two days ago. it looked like phosphorus had been used. what is your sense as to how long the regime has left? >> i am pretty sure the regime will stain as long as the outside help is going on. and if the west is not the ticket stand and provide the opposition with three weapons -- does not take a stand and provide the opposition with real weapons to end this bloodshed, if this does not happen, i think it will ta
we think -- we know obama said the west would not forgive the use of chemical weapons. he says there are a red line. i think this is something the regime would not like to have on their hands. >> what will they do with the information this memo provides him with? -- this man provides them with? >> this regime has been very brutal and has committed some atrocities against civilians and house also used -- has also used weapons of mass destructions. you talk about chemical weapons....
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Dec 29, 2012
12/12
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president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> reporter: the president declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans
president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled...
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Dec 29, 2012
12/12
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president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's known as a dock fix which has to do with medicare payments to doctors. that's where we are. we don't expect anything big in the next 24 hours, but this is after all washington. right now, it's time for piers morgan tonight. >> tonight, tyler perry is a successful writer, director, actor. >> she told me you're the best interviewer in the world, so i'm worried. >> his movies have grossed over $600 million. >> it means i get to reinvest in what i do and i'm able to hire a lot more people. >> and he knows how to wear a dress. have you ever thought you were going to be world famous for cross dressing. >>
president obama said after the meeting that he is modestly optimistic a deal can be reached, but as you can hear from senator reid, the president asked that if a deal between republicans and democrats cannot be reached, then the president wants just an up or down vote on what he wants, which is quite simply no income tax rates going up for people making $250,000 and under. and an extension of long-term unemployment benefits. and that's of course for the long-term unemployed as well as what's...
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Dec 30, 2012
12/12
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KGO
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president obama is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. that could be voted on tomorrow. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those children managed to escape the cause of that accident is under investigation. >>> and stunning video of a plane crash outside of moscow, russia, the passenger plane overshot the runway and slammed into a highway yesterday. amazing video. four of the eight crew members on board were killed. there were no passengers on the plane and no one on the highway was hurt. the cause of that crash is under investigation. >>> and finally, a celebration at the vatican. about 40,000 young pilgrims from all across europe attended an open air mass conducted by pope benedict. they cheered as the pope waved to the crowd from his popemobile and the crowd gathered in st. peter's square as part of
president obama is urging democrats and republicans to reach a deal. senate leaders are working on a last-minute compromise. that could be voted on tomorrow. >>> a horrific accident in mississippi. six people including five children were killed when their suv plunged into a creek yesterday. the children were all related. police say four other adults including the parents of those children managed to escape the cause of that accident is under investigation. >>> and stunning...
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Dec 26, 2012
12/12
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KPIX
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bush and earlier this year impromptu white house performance with president barack obama. what was that moment like for you? here you are as you said a sharecropper's son you're now at the white house. singing with the president. >> a dream come true. something you couldn't dream of. >> buddy guy. >> reporter: this month, guy returned to washington -- >> buddy, buddy, buddy. >> reporter: a kennedy center honoree. >> your blues brought us together. i think that's something to sing about. >> that's a long ways from picking cotton yes, yeah. that's a very blessing. somebody is looking down on me from somewhere, yep. >> great stuff. >> really cool. >> makes you want to go to jarvis's old stomping ground chicago. >> buddy guy legends, yeah a lot of dancing in that bar, a fun one. >> eric clapton said 25 years ago, said buddy guy is the best guitarist alive. >> i think he was on point with that. >> good, good stuff. >> and he's 76 and still doing it. >> doing great. >> incredible. >>> all right, you can watch the tribute to buddy guy, plus other honorees including david letterma
bush and earlier this year impromptu white house performance with president barack obama. what was that moment like for you? here you are as you said a sharecropper's son you're now at the white house. singing with the president. >> a dream come true. something you couldn't dream of. >> buddy guy. >> reporter: this month, guy returned to washington -- >> buddy, buddy, buddy. >> reporter: a kennedy center honoree. >> your blues brought us together. i think...
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Dec 27, 2012
12/12
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KRON
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for his lady michelle obama has a 73 percent approval rating. the outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. and the bal poll shows a majority of americans support stricter gun laws but most are against banning assault weapons. 58 percent of americans now say they support stricter gun laws that's up from 43% and october 2011. the american public is now split on enforcing existing laws instead of passing new ones. 40¢ per set of the public wants to enforce current laws while 47 once the legislation. this is a big law to ban assault weapons which is backed by president obama has not gained much support since october 2011. 44 percent support and assault weapons ban while 51 percent are against it. >> today 200 use of teachers will get the proper training to be able to carry a weapon. the utah shooting sports council said it would waive its $50 fee for concealed weapons training for the teachers. it's an idea gaining traction in the aftermath of the connecticut school shooting. you ties among few
for his lady michelle obama has a 73 percent approval rating. the outgoing secretary of state hillary clinton is also popular with a 66 percent approval rating. and the bal poll shows a majority of americans support stricter gun laws but most are against banning assault weapons. 58 percent of americans now say they support stricter gun laws that's up from 43% and october 2011. the american public is now split on enforcing existing laws instead of passing new ones. 40¢ per set of the public...
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Dec 27, 2012
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president obama is rushing back to washington. the question is what kind of reception will he get? >> we have our political insiders coming up. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ male announcer ] to learn more about the cold truth santho, ho, ho!anta! santa! want to see some magic? watch this! merry chr... (crash) ow! i
president obama is rushing back to washington. the question is what kind of reception will he get? >> we have our political insiders coming up. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil...
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Dec 28, 2012
12/12
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KTVU
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but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantage joins us now. larry, it feels like we are already hanging off that cliff. > > it definitely feels that way. everybody is obviously watching for some kind of news out of washington. that is what has moved the market every day for the past couple of weeks. it will be no different today. so i absolutely agree with you. > should investors be concerned about the move in the volatility index yesterday? > > it was interesting to see that, and it is really something that at least active investors watch on a regular basis, so any time the vix moves, i think it is something to watch. > what do you anticipate for the friday trade? > > i certainly think that we will see more lower prices in the market
but president obama returned early from vacation and is said to have a new proposal to offer congress, sparking a rally that left the dow down just 19 points. reports are swirling apple is moving production of its mac mini computers to foxconn plants in the u.s. apple may also be working on a smart watch. and, the new york stock exchange landed the most ipo for 2012. larry levin of trading advantage joins us now. larry, it feels like we are already hanging off that cliff. > > it...
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Dec 27, 2012
12/12
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FBC
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tracy: president obama and the senate back in office, senator harry reid is the latest to say it looks like we are headed to tumble over the cliff. let's check with rich edson with the latest. >> tracy will have to come up with a new term. we will be saying this afternoon years. democrats and republicans deck at each other saying it is your turn to make a move, up to you to move next, no movement on capitol hill, and there was speculation the white house would send a proposal to capitol hill and that has been denied by an aide to the senate majority leader, harry reid taking to the senate floor saying he thinks it looks like we are headed over the fiscal cliff and he hang that on the house. >> if we go over the cliff and it looks like that is where we are headed the house of representatives, with four days left after the first of the year, are not here with the speaker having told them give them 48 hours notice. i can imagine their consciences, out wherever they are around the country and we are here trying to get something done. >> response from the speaker's office saying senator har
tracy: president obama and the senate back in office, senator harry reid is the latest to say it looks like we are headed to tumble over the cliff. let's check with rich edson with the latest. >> tracy will have to come up with a new term. we will be saying this afternoon years. democrats and republicans deck at each other saying it is your turn to make a move, up to you to move next, no movement on capitol hill, and there was speculation the white house would send a proposal to capitol...
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Dec 29, 2012
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KBCW
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. >> reporter: top congressional leaders met with president obama. the president called the meeting constructive but reminded lawmakers there is not much time left. >> we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. >> harry reed turned to is the gnat floor. >> we are engaged in discussions, the leader myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation. >> we are going to do the best we can for the caucuses we have and the country that is waiting for us to make a decision. >> reporter: democratic and republican leaders have agreed to extend jobless benefits an some tax increases, but the income threshold is not yet clear. the president and senate leaders are expressing optimism nay will get the job done, but the president has a back up plan just in case. >> if an agreement isn't reached in time, between senator reed and senator mcconnell, i will urge reed to bring to the floor an up or down vote. >> reporter: that would preserve tax c
. >> reporter: top congressional leaders met with president obama. the president called the meeting constructive but reminded lawmakers there is not much time left. >> we are now at the point where in just four days, every american's tax rates are scheduled to go up by law. >> harry reed turned to is the gnat floor. >> we are engaged in discussions, the leader myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation....
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Dec 28, 2012
12/12
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CNNW
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president obama says the country has lost an american original. he was 78 years old. >>> in the philippines, at least 11 people are dead after a tropical cyclone slammed the central part of the country. the storm brought heavy flooding, landslides as well. two people are still missing. now, earlier this month, more than 1,000 died when a typhoon swept through that very same area. >>> the florida man known as the dinosaur smuggler could face 17 years in prison. eric pleaded guilty to illegally buying and selling dinosaur skeletons and then slipping them by u.s. customs. sentencing is scheduled for april. the bones are being returned to their country of origin. >>> this is the most-watched singing contest in europe. it's got the glitz, the glamour, but -- >> it costs to perform, and it costs to stage it. and what do you get back? bluntly, you get a bunch of hoopla and a few pom-poms. >> wow. what some european countries on the verge of bankruptcy, many feel participating in the contest, well, strikes the wrong chord. through diet and exercise, alli
president obama says the country has lost an american original. he was 78 years old. >>> in the philippines, at least 11 people are dead after a tropical cyclone slammed the central part of the country. the storm brought heavy flooding, landslides as well. two people are still missing. now, earlier this month, more than 1,000 died when a typhoon swept through that very same area. >>> the florida man known as the dinosaur smuggler could face 17 years in prison. eric pleaded...
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Dec 29, 2012
12/12
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. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal the president wants an up or down vote extending tax cuts for those making a quarter million dollars or less. >> i will urge the senate to hold an up or down vote on a basic package to protect the middle class from a tax hike extend vital unemployment insurance for americans looking for a job. >> the impasse has shaken wall street, the dow jones falling 400 points since last week. business people but this man are worried about the future. >> we are deciding how many people we are hiring and we are figuring out how many machines and robots to invest in our factory. >> commits to be axed, there is agreement on 90% of the tax debate. it is the fate of the top 2% that has the two sides so far apart. >> we have a crisis of self government right now. >> if an agreement is reached it would be with t
. >> friday, president obama and congressional leaders met about an hour and agreed to keep talking. >> it is constructive and it is getting done. we will see. >> this eveleaders in the senate are signaling they are ready to compromise. >> i'm hopeful and optimistic. and if there were is no deal the president wants an up or down vote extending tax cuts for those making a quarter million dollars or less. >> i will urge the senate to hold an up or down vote on a...
87
87
Dec 29, 2012
12/12
by
WMAR
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tonight president obama addressed the country in talkses to. there's still no answer, but tonight the president says work is being done. >> congressional leaders left the white house today without a deal to avoid the fiscal cliff. but the leaders and the president are still trying. >> i'm modestly optimistic that an agreement can be achieved. let's make sure that middle class families and the american economy and in fact the world economy isn't adversely impacted because people can't do their jobs. >> reporter: harry reid and mitch mccono agreed to spend the weekend working on a fall back plan that can pass both chambers of congress. >> some people will not like it, but that's where we are. >> reporter: president obama is pushing for a stop gap measure that would at least avoid tax increases on people earning less than $250,000. frustration is growing. a simple stop gap percent is not what men -- measure is not what many in washington hoped for. many blame president obama for the collapse of a bigger deal that would reduce spending and cut the
tonight president obama addressed the country in talkses to. there's still no answer, but tonight the president says work is being done. >> congressional leaders left the white house today without a deal to avoid the fiscal cliff. but the leaders and the president are still trying. >> i'm modestly optimistic that an agreement can be achieved. let's make sure that middle class families and the american economy and in fact the world economy isn't adversely impacted because people...
163
163
Dec 30, 2012
12/12
by
WGN
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president obama says he is optimistic. >> time is running out. congress needs to reach an agreement to prevent the country from going over the fiscal cliff with the deadline just days away. president obama said in his weekly address that reaching a deal will not be easy. politics can get in the way. >> we just cannot afford a politically self-inflicted wound to our economy. the economy is growing. keeping it that way means that the folks to send to washington have to do their jobs. >> senator mitch mcconnell was seen arriving on capitol hill hours after congressional leaders met with obama. >> we will be working hard to see if we can get there in the next 24 hours. i'm hopeful and optimistic. >> missouri senator ray blunt says that politicians on both sides have irresponsibility, but tax hikes will not do much to address the nation's debt. >> it will not pay one-third of the annual interest now on this massive $16 trillion debt. >> the house returns to washington sunday evening when the before a deal needs to be reached. it is likely that negotia
president obama says he is optimistic. >> time is running out. congress needs to reach an agreement to prevent the country from going over the fiscal cliff with the deadline just days away. president obama said in his weekly address that reaching a deal will not be easy. politics can get in the way. >> we just cannot afford a politically self-inflicted wound to our economy. the economy is growing. keeping it that way means that the folks to send to washington have to do their jobs....